Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). adidas AG's share price for the quarter that ended in Dec. 2023 was $101.65. adidas AG's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 357 Mil. Therefore, adidas AG's market cap for the quarter that ended in Dec. 2023 was $36,299 Mil.
adidas AG's quarterly market cap
declined
from Jun. 2023 ($34,760 Mil) to Sep. 2023 ($31,339 Mil) but then
increased
from Sep. 2023 ($31,339 Mil) to Dec. 2023 ($36,299 Mil).
adidas AG's annual market cap
declined
from Dec. 2021 ($55,325 Mil) to Dec. 2022 ($24,188 Mil) but then
increased
from Dec. 2022 ($24,188 Mil) to Dec. 2023 ($36,299 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. adidas AG's Enterprise Value for Today is $43,344 Mil.
adidas AG Market Cap Historical Data
The historical data trend for adidas AG's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
adidas AG Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Market Cap
63,807.67
71,390.25
55,324.80
24,188.19
36,299.01
adidas AG Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Market Cap
24,188.19
31,533.20
34,759.92
31,338.92
36,299.01
Competitive Comparison
For the Footwear & Accessories subindustry, adidas AG's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
adidas AG Market Cap Distribution
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, adidas AG's Market Cap distribution charts can be found below:
* The bar in red indicates where adidas AG's Market Cap falls into.
adidas AG Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
adidas AG's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
adidas AG (OTCPK:ADDYY) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
adidas AG Market Cap Related Terms
Thank you for viewing the detailed overview of adidas AG's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Adidas designs, develops, produces, and markets athletic and leisure apparel, footwear, accessories, and sports equipment. Under its eponymous brand, it produces apparel for competitive athletics, casual activewear, and casual fashion. Adidas sells its products in more than 160 countries through nearly 2,000 owned retail stores, 15,000 mono-branded franchise stores, 150,000 wholesale doors, and owned e-commerce that is available in 65 countries. The company was founded in 1949 in Germany.
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